BitVentures (BVC) Net Margin (2020 - 2023)
BitVentures (BVC) reported Net Margin of 0.59% for Q2 2023, down 2195.0% year-over-year from 0.03% in Q2 2022, and down 102.75% quarter-over-quarter from 21.37% in Q2 2022.
BitVentures (BVC) Net Margin (2020 - 2023) Analysis & Trends
BitVentures (BVC) has 4 years of Net Margin data on file, last reported at 0.59% in Q2 2023.
- Net Margin for Q2 2023 came in at 0.59%, down 2195.0% year-over-year; the trailing twelve-month figure through Jun 2023 was 3.92% (down 1101.0% YoY), and the FY2024 annual result was 3.41%, up 1933.0% from the prior year.
- Net Margin fell to 0.59% in Q2 2023 per BVC's latest filing, from 21.37% in the prior quarter.
- Over five years, Net Margin peaked at 21.37% in Q2 2022 and troughed at 0.59% in Q2 2023.
- A 4-year average of 10.8% and a median of 11.14% in 2021 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin jumped 900 bps in 2022, then slumped 2195 bps in 2023.
- A 4-year view of Net Margin shows it stood at 8.38% in 2020, then surged by 48 bps to 12.36% in 2021, then soared by 73 bps to 21.37% in 2022, then plunged by 103 bps to 0.59% in 2023.
- Business Quant data shows BVC's Net Margin at 0.59% in Q2 2023, 21.37% in Q2 2022, and 12.36% in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 18.74% |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 2.29% |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | -18.33% |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 12.44% |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 22.77% |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 29.52% |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 22.90% |
| 10 | BitVentures | 1.01 Bn | 1.01 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -0.59% |
| Jun 30, 2022 | 21.37% |
| Jun 30, 2021 | 12.36% |
| Mar 31, 2021 | 13.37% |
| Jun 30, 2020 | 8.38% |
| Mar 31, 2020 | 9.91% |